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Stitch Fix shares are tanking as Wall Street fears core business could be reaching ‘saturation point’

CNBC

Dana Telsey, CEO at Telsey Advisory Group was quoted in a CNBC article on Stitch Fix.

“A growth story with lofty valuations can expect to be punished for moderating its topline outlook,” Telsey Advisory Group analyst Dana Telsey said. “We continue to see growth potential within the company’s personalization model, while the direct buy capabilities can increase share of wallet.”

About TELSEYGROUP

Telsey Advisory Group (TAG) is a leading research, trading, banking, and consulting brokerage firm focused on the consumer sector. With a long-standing history of evaluating and assessing the consumer market, TAG provides its clients the detailed analysis and market context that is necessary to make strategic and investment decisions.